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Melissa Myers and Hugo Hernandez form a partnership by combining assets of their former businesses. The following balance sheet information is provided by Myers, sole

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Melissa Myers and Hugo Hernandez form a partnership by combining assets of their former businesses. The following balance sheet information is provided by Myers, sole proprietorship: Myers obtained appraised values for the land and equipment as follows: An analysis of the accounts receivable indicated that the allowance for doubtful accounts should be increased to $9, 200. Journalize the partnership's entry for Myers' investment

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